Financial Markets Authority - Latest News [Page 1]

Market cleanliness summer scholarship study published

Thursday, 24 May 2018, 2:07 pm | Financial Markets Authority

The Financial Markets Authority (FMA) and NZX Regulation (NZXR) today published a study carried out by Victoria University student Anna Hensen, ‘ New Zealand Equity Market Cleanliness for the years 2010-2016 ’. More >>

Letter to life insurers by the FMA and Reserve Bank

Thursday, 24 May 2018, 1:31 pm | Financial Markets Authority

Letter sent to life insurers by the FMA and Reserve Bank of New Zealand The FMA and the RBNZ have sent the letter below to the chief executives of New Zealand’s licensed life insurers More >>

FMA campaign to connect young women with KiwiSaver

Friday, 18 May 2018, 11:01 am | Financial Markets Authority

The Financial Markets Authority (FMA) is calling on KiwiSaver members to check their annual statements this year to find out whether they are getting value for money. For the first time all KiwiSaver members will be able to see fees in dollar amounts ... More >>

CBL Update

Thursday, 17 May 2018, 3:14 pm | Financial Markets Authority

The FMA intends to file a case stated procedure to seek the court’s determination on whether continuous disclosure obligations for listed issuers continue to apply when the issuer is in voluntary administration. More >>

Insurers spend $34 million on soft commissions

Wednesday, 16 May 2018, 3:05 pm | Financial Markets Authority

A Financial Markets Authority report published today details how nine life and health insurance companies spent $34 million on non-financial incentives like trips, business support and conferences for financial advisers over a two-year period. More >>

FMA releases fourth AFA information report

Tuesday, 15 May 2018, 4:00 pm | Financial Markets Authority

The Financial Markets Authority today published its fourth statistical report on Authorised Financial Advisers (AFAs) in New Zealand. The FMA requires AFAs to submit an annual information return each year. More >>

Second company and director charged over FSPR abuse

Tuesday, 15 May 2018, 11:04 am | Financial Markets Authority

The Financial Markets Authority (FMA) has filed criminal charges against a second company and its New Zealand based director for breaching the Financial Service Providers (Registration and Dispute Resolution) Act (FSP Act) 2008. More >>

KiwiSaver trial focused on members in their 50s gets results

Monday, 14 May 2018, 2:06 pm | Financial Markets Authority

14 May 2018 KiwiSaver trial focused on members in their 50s gets results The interim results of a second FMA, MBIE and industry trial has shown targeted communications created using behavioural insights, are more likely to lead KiwiSaver members to ... More >>

Letter sent by the FMA/Reserve Bank of New Zealand

Friday, 4 May 2018, 2:47 pm | Financial Markets Authority

The FMA and the RBNZ have sent the letter below to the chief executives of New Zealand’s licensed banks and the NZBA. More >>

FMA applies to court to liquidate Forestlands companies

Monday, 23 April 2018, 9:42 am | Financial Markets Authority

The Financial Markets Authority (FMA) has applied to the High Court to place the Forestlands companies numbered 2-20 into liquidation. More >>

FMA review of fund managers’ quarterly fund updates

Wednesday, 18 April 2018, 10:23 am | Financial Markets Authority

The FMA today published the findings of a review of quarterly fund updates which looked at whether fund managers are meeting their legal requirements to produce updates that are both easy to find and easy to read for investors. More >>

Consultation opens on dual language disclosure documents

Tuesday, 17 April 2018, 3:17 pm | Financial Markets Authority

The FMA is seeking submissions on its proposal to enable companies offering investments to publish product disclosure statements (PDS) in both te reo Māori and English. More >>

Investors provide valuable insights for issuers

Tuesday, 10 April 2018, 1:41 pm | Financial Markets Authority

Investors provide valuable insights for issuers Investors have provided valuable insights about how they use the information that’s provided to them by companies offering investments. More >>

KiwiSaver fees to be shown in dollar figures for first time

Tuesday, 27 March 2018, 11:46 am | Financial Markets Authority

KiwiSaver customers are about to see the fees they pay their fund managers in dollar figures for the first time, and could be in for a shock. More >>

FMA publishes review of adviser conduct in life insurance

Thursday, 22 March 2018, 12:05 pm | Financial Markets Authority

The FMA has issued warnings to four registered financial advisers in relation to providing advice on replacement insurance policies, for breaches of the obligation in section 33 of the Financial Advisers Act 2008 to exercise care, diligence and ... More >>

Guilty pleas for FMA prosecutions

Friday, 16 March 2018, 12:34 pm | Financial Markets Authority

Guilty pleas for holding out as being in the business of providing financial services and obstructing FMA investigation More >>

Fair dealing in advertising

Thursday, 15 March 2018, 10:59 am | Financial Markets Authority

The Financial Markets Authority (FMA) today published guidance on fair dealing in advertising and communications for licensed crowdfunding services, peer-to-peer lenders and the companies that offer financial products on these platforms. More >>

Five businesses warned for anti-money laundering failures

Monday, 12 March 2018, 3:08 pm | Financial Markets Authority

Five businesses warned for Anti-Money Laundering/Countering Financing of Terrorism failures The Financial Markets Authority (FMA) has issued formal warnings to five reporting entities under Section 80 of the Anti-Money Laundering and Countering Financing ... More >>

Refreshed corporate governance handbook published

Wednesday, 28 February 2018, 11:22 am | Financial Markets Authority

The handbook is being refreshed to remove any unnecessary overlap with the NZX Code, particularly to ensure the NZX Code is the primary source for requirements for listed companies. We have also updated the guide in a number of places to bring it in line ... More >>

FMA to hold directors to account for FSPR abuse

Tuesday, 27 February 2018, 1:19 pm | Financial Markets Authority

FMA to hold directors to account for FSPR abuse, first charges filed The Financial Markets Authority (FMA) has filed criminal charges against a company and its New Zealand based director for breaching the Financial Service Providers (Registration ... More >>

 

 

InfoPages Links

 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL